Equity
€385,677 ▼ 3.5%
VARUTEC paid out €100,000 in dividends. That is 116% of the 2025 profit.
VARUTEC
Lifetime
13 annual accounts with figures on one time axispeak €345,590 (2025)
€345,590▲ 0.9%
peak €100,464 (2014)
€86,073▼ 0.7%
peak €562,944 (2023)
€385,677▼ 3.5%
€154,295▲ 173%
peak 1.8 FTE (2023)
1.8 FTEunchanged
Board2 names since 2021
1 director
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Dividend €100,000Debts from €56,560 to €154,295Cash from €310,538 to €437,866
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as VARUTEC has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,691 companies, not a prediction for VARUTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0526967544
Reappointment: (director)
Resignation: (director) · Director discharge: uittredend bestuursorgaan · General meeting of 11-05-2023 · Gazette deed
Incorporation
published on 24-04-2013 · Gazette deed
First establishment
Industriepark-West 75, Sint-Niklaas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VARUTEC Sint-Niklaas | €0.5m | €345,590 | 71.4% | 1.8 |
| SOHAIR Marche-en-Famenne | €0.8m | €286,165 | 59.2% | 1.3 |
| BS PACKAGING Belgium Estaimpuis | €0.4m | €239,623 | 22.2% | 2 |
| CELSIUS HEAT MANAGEMENT BELGIUM Diest | €0.5m | €176,523 | 19.3% | 1 |
| SORETRAC BENELUX Tournai | €0.3m | €117,801 | -75.0% | 2.4 |
| BIM BELGIUM Aalst | €0.5m | €838,108 | 71.9% | 4 |
| POLYMIX BENELUX Antwerp | €1.4m | €171,987 | 12.8% | 1 |
These companies have the same main activity as VARUTEC: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €343,000 and €1.4m, founded between 2003 and 2017.
Official details
Source: KBO- Status
- Active since 22-04-2013Normal situation
- Registered office
- 124 active companies are registered at this address11 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Wholesale tradeNACE 46869and 2 others
- Establishment unit
- 2.218.665.4599100 Sint-Niklaas, since 22-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2025
Annual accounts 2025
- ≈ €1.7mestimated
- €539,972▲ 18.4%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on VARUTEC
VARUTEC files the abbreviated format. That format states no turnover. The gross margin rose from €185,941 in 2013 to €345,590 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VARUTEC
- What is the company number of VARUTEC?
- The company number of VARUTEC is 0526.967.544. The VAT number is the same number with BE in front: BE 0526.967.544.
- Where is VARUTEC based?
- The registered office is at Industriepark-West 75, 9100 Sint-Niklaas.Company details
- What does VARUTEC do?
- According to the KBO register, the main activity is wholesale trade (NACE 46869).
- What is the legal form of VARUTEC?
- VARUTEC is a private limited company (BV).
- When was VARUTEC founded?
- VARUTEC was founded on 22-04-2013.
- Is VARUTEC still active?
- Yes, VARUTEC is an active enterprise in the KBO register.
- How many employees does VARUTEC have?
- VARUTEC had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VARUTEC?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €345,590 and 139 comparable companies (NACE 46). It probably lies between €1.1m and €3.0m.
- Is VARUTEC profitable?
- In financial year 2025, VARUTEC made a profit of €86,073.
- Where can I find the annual accounts of VARUTEC?
- VARUTEC filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VARUTEC due?
- VARUTEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.